New Northeastern University spinout picks up $858K for biologic drug characterization
MedCity News - 08/23/2012
Company name: BioAnalytix LLC.
Location: Boston, Massachusetts.
Solution/product: Mass High Tech reported that the company is a spinout of the Barnett Institute of Chemical and Biological Analysis at Northeastern University. The publication reported that CEO Kirtland Poss said the institute has been “analyzing the makeup of large, complex molecules for biotechs” for years and decided to spin out the company last year. Better characterization of biologic and biosimilar drugs leads to more efficient drug development, he said.